the car wash (full service )closest to me closed down this past march. it is not a busy location and the owner call me once. the price he was asking for at the time was 350,000. 4000 in rent, 7 employee, 15 year balanger machine. the place is pretty run down and has a very small exit. 3 cars on the side walk. the owner told me he was making 150k per year. i did not buy his story or his number. i turn down the offer. that was two years ago. last week, my soap guy gave me a call. he told me if i was interested in that car wash again. only this time the offer is much lower. the new owner wanted to operate a hand wash in a low income area. so he took down all the machines and the only thing left now is a old rain x arch, rinse arch and the blower. the guy change his mind a month into the renovation wants to get rid of the place. his asking price is 150k, but my soap guy told him it was too high as he have a very short lease, no machine and no business. in the end he lower the price to 60k for himself and 5 for the soap guy.
in my own wash, i am updating my equipment ( 1 side to side mitter and a unimac) and i still have in storage two mitters and 4 lower detail, a old hurricane blower. a van high brush. only thing i am missing is the computer.
long story short, should i take over this location. any advice will be appreciated. 0
in my own wash, i am updating my equipment ( 1 side to side mitter and a unimac) and i still have in storage two mitters and 4 lower detail, a old hurricane blower. a van high brush. only thing i am missing is the computer.
long story short, should i take over this location. any advice will be appreciated. 0